FSU now owns Bronco Square Center and plans to expand school’s impact

Fayetteville State University announced the purchase of the Bronco Square strip mall on Murchison Road on Tuesday, Oct. 12, 2021.

Fayetteville State University announced a $5 million acquisition of Bronco Square Shopping Mall on Tuesday, in addition to a new entrepreneurial hub, free-standing Chick-fil-A and a Starbucks on campus.

Chancellor Darrell Allison announced the university’s purchase and expansion at a “Changing of the Keys” ceremony in Bronco Square’s parking lot and said the school now owns 100% of the shopping center debt-free.

“We want to play our part in this city, in this region, in this county so that we can, too, be a more viable partner here,” Allison said. “As Fayetteville State grows, so does Fayetteville, so does Cumberland County, so does this region.”

The university used to own 50% of the shopping mall and Gary Ciccone, a former Fayetteville lawyer, owned the other half. Ciccone also donated $150,000 to the university at the event.